Posted 2/18/2024, 4:00:00 PM
Crypto Markets See $315 Million in Liquidations Amid Bitcoin and Altcoin Volatility
- Crypto market sees $315M in liquidations over 48 hours due to Bitcoin and altcoin volatility
- Bitcoin drops below $51K before recovering; Ethereum falls from over $2,800
- Binance traders take biggest hit, losing $149M (50% of total)
- Bitcoin risks 8% correction to $46K-$48K if $52K not reclaimed quickly
- Blockchain analytics firm IntoTheBlock bullish, gives 85% odds for new BTC all-time high in 6 months